Primavera Capital Acquisition Co. (NYSE:PV) Short Interest Up 209.0% in May

Primavera Capital Acquisition Co. (NYSE:PVGet Rating) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 20,700 shares, an increase of 209.0% from the April 30th total of 6,700 shares. Based on an average daily volume of 89,800 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Large investors have recently modified their holdings of the company. Penserra Capital Management LLC acquired a new position in shares of Primavera Capital Acquisition during the third quarter worth $111,000. Cohanzick Management LLC acquired a new position in shares of Primavera Capital Acquisition during the third quarter valued at about $80,000. PEAK6 Investments LLC acquired a new position in shares of Primavera Capital Acquisition during the third quarter valued at about $147,000. Berkley W R Corp raised its holdings in shares of Primavera Capital Acquisition by 135.7% during the third quarter. Berkley W R Corp now owns 69,476 shares of the company’s stock valued at $677,000 after purchasing an additional 40,000 shares during the period. Finally, Kohlberg Kravis Roberts & Co. L.P. raised its holdings in shares of Primavera Capital Acquisition by 473.5% during the first quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 122,235 shares of the company’s stock valued at $1,202,000 after purchasing an additional 100,922 shares during the period. Institutional investors own 49.74% of the company’s stock.

Shares of NYSE:PV traded down $0.01 during mid-day trading on Thursday, reaching $9.81. 121 shares of the company’s stock were exchanged, compared to its average volume of 81,432. The business’s fifty day moving average price is $9.83 and its 200-day moving average price is $9.78. Primavera Capital Acquisition has a twelve month low of $9.56 and a twelve month high of $9.88.

Primavera Capital Acquisition Company Profile (Get Rating)

Primavera Capital Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more operating businesses in consumer companies China. The company was incorporated in 2020 and is based in Central, Hong Kong.

See Also

Receive News & Ratings for Primavera Capital Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primavera Capital Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.